Base rate bank of england 2020
11 Mar 2020 The Bank of England has slashed its base rate by half a percentage point 'At the beginning of 2020 the benchmark gilt yield Was just over 1 6 Mar 2020 This scheme allowed banks and building societies to access funding from the Bank of England at Bank Rate (akin to Base Rate) against 11 March 2020. The Bank of England (BoE) has cut the interest rate by 0.5% as an emergency measure following the coronavirus outbreak. In a unanimous vote